Series: Sending Money Across Borders
Why paying online is instant but sending money to family abroad is slow and expensive, from card networks to newer services like Revolut.
2 parts, best read in order.
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Part 1
Why Can't I Just Send Money With My Visa Card?
Banks often promote Visa and Mastercard as efficient tools for swift, seamless transactions. However, one critical feature is notably absent: the ability to transfer funds directly between cardholders. This post...
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Part 2
Why Can I Pay for Netflix Instantly, But Not Send $5 To My Brother Abroad? Enter Revolut
In my last post, I wrote about a weird paradox: paying for Netflix with a card is a seamless, one-second breeze, but sending $100 to a friend or family member...